stoxline Quote Chart Rank Option Currency Glossary
  
Golden Matrix Group, Inc. (GMGI)
3.46  0.49 (16.5%)    04-18 16:00
Open: 2.98
High: 3.5
Volume: 297,385
  
Pre. Close: 2.97
Low: 2.82
Market Cap: 411(M)
Technical analysis
2024-04-18 5:10:11 PM
Short term     
Mid term     
Targets 6-month :  4.19 1-year :  4.89
Resists First :  3.58 Second :  4.19
Pivot price 2.82
Supports First :  2.74 Second :  2.22
MAs MA(5) :  2.88 MA(20) :  2.89
MA(100) :  2.69 MA(250) :  2.55
MACD MACD :  0 Signal :  -0.1
%K %D K(14,3) :  80.8 D(3) :  57.5
RSI RSI(14): 64.3
52-week High :  3.75 Low :  1.95
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently below mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and NEUTRAL in mid-long term.
[ GMGI ] has closed Bollinger Bands are 51.6% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 0 days. This is a sign that the current trend might continue.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 3.5 - 3.52 3.52 - 3.53
Low: 2.79 - 2.8 2.8 - 2.82
Close: 3.43 - 3.46 3.46 - 3.48
Company Description

Golden Matrix Group, Inc. provides enterprise software-as-a-service solutions for online casino and sports betting operators. The company develops and owns online gaming intellectual property; and builds gaming platforms for customers located primarily in the Asia Pacific region and Europe. Its platform facilitates gaming customers in operating online casinos, sportsbooks, lottery, and live games; and provides customers with access to a portfolio of licensed gaming content, which are provided by gaming content providers. The company also provides services and resells third party gaming content to licensed online gaming distributors. Its platform is accessed through desktop and mobile applications. The company was formerly known as Source Gold Corp. and changed its name to Golden Matrix Group, Inc. in April 2016. Golden Matrix Group, Inc. was incorporated in 2008 and is based in Las Vegas, Nevada.

Headline News

Tue, 09 Apr 2024
Golden Matrix Group's Strategic Acquisition and Corporate Restructuring - TipRanks.com - TipRanks

Tue, 09 Apr 2024
Golden Matrix Group, Inc. Announces Board Changes - Marketscreener.com

Tue, 09 Apr 2024
Strike Gold with GMGI and MeridianBet's Global Gaming Powerhouse - Yahoo Finance

Tue, 26 Mar 2024
GMGI Stock Quote Price and Forecast - CNN

Wed, 20 Mar 2024
Golden Matrix Group, Inc.'s (NASDAQ:GMGI) market cap up US$17m last week, benefiting both retail investors who ... - Simply Wall St

Wed, 20 Mar 2024
Golden Matrix Stockholders Approve Acquisition of MeridianBet Group - GlobeNewswire

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Neutral
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Outperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Underperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Underperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Underperform
Stock Basics & Statistics
Exchange:
NASDAQ
Sector:
Technology
Industry:
Electronic Gaming & Multimedia
Shares Out 37 (M)
Shares Float 17 (M)
Held by Insiders 85.3 (%)
Held by Institutions 0.8 (%)
Shares Short 54 (K)
Shares Short P.Month 100 (K)
Stock Financials
EPS -0.02
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 0.87
Profit Margin -1.5 %
Operating Margin 2.3 %
Return on Assets (ttm) 0.1 %
Return on Equity (ttm) -2.1 %
Qtrly Rev. Growth 9.8 %
Gross Profit (p.s.) 0
Sales Per Share 1.23
EBITDA (p.s.) 0.01
Qtrly Earnings Growth 0 %
Operating Cash Flow 2 (M)
Levered Free Cash Flow 2 (M)
Stock Valuations
PE Ratio -173
PEG Ratio 0
Price to Book value 3.93
Price to Sales 2.8
Price to Cash Flow 70
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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